This article is for general information purposes only and does not constitute legal, tax, or financial advice, nor a valuation in an individual case. Despite careful research, we assume no liability for accuracy, completeness, and timeliness. For specific questions, please consult a lawyer or tax advisor. Older content may be outdated due to changes in legislation or case law.
Unlike developed plots, undeveloped land does not require the determination of a building value – only the land value as of the valuation date is decisive.
In doing so, the tax office applies the standard land value (Bodenrichtwert) for the respective zone as published by the expert committee (Gutachterausschuss), without making individual surcharges or deductions for specific characteristics of the plot.
If the specific plot deviates significantly from the average of the standard land value zone due to an unfavorable shape, lack of development, or contamination, an appraisal report can also demonstrate a lower value in this case.
The standard land value (Bodenrichtwert) is redetermined periodically by the municipal expert committees (Gutachterausschuss), usually as of December 31 of each year, and can be publicly accessed, among other sources, via the BORIS land value information system.
For the valuation, the standard land value (Bodenrichtwert) last published before the valuation date is always decisive, even if the actual market conditions have already changed in the meantime.